Shia Finance

Islamic Financial System Islamic Scholars Islamic Finance Blog Forum Articles Calculator Terminologies About Us

ISLAMIC ECONOMY AND IDEALOGICAL & LEGAL FOUNDATION

Ayatullah Muhammad Ali Taskhiri & Translated by: M. Azimi Etemadi Every system, intending to achieve certain goals, must be designed in a realistic manner. Therefore, if the system is supposed to be implemented in order to serve human life, particularly in the long-run, it must serve man's goals and be consistent with his fitrah (primordial nature).

THE ISLAMIC PRINCIPLES OF ISLAMIC BANKING AND FINANCE

Islamic banking refers to a system of banking or banking activity that is consistent with the principles of the Shari'ah (Islamic rulings) and its practical application through the development of Islamic economics. The principles which emphasise moral and ethical values in all dealings have wide universal appeal.

ISLAMIC FINANCE SYSTEM UNDER THE RULES OF SHARIAH

As the prosperity and moral and material well-being of the community is not possible without a rich and healthy economy, Islam, as a progressive religious system, has included this question in its program.

ISLAMIC ECONOMY AND IDEALOGICAL & LEGAL FOUNDATION

THE ISLAMIC PRINCIPLES OF ISLAMIC BANKING AND FINANCE

Prev 1 2 3 4 5 Next

WELCOME TO SHIAFINACE.COM

“We dedicate this website to the Noblest Messenger Prophet Muhammad (sawa) and to the people of his household, the Ahlul Bayt (as), salutations and peace be upon them all”

It is Islam that was, from its inception, the most conscious of its earthly goal. In its commitment to founding an ethical public order, Islam has been accurately described as a faith in the public realm.

“We have apportioned among them their livelihood in this world [in such a manner that] We have exalted some in status above others so that they can mutually serve each other. And better is your Lord’s mercy than what they are amassing.” (43:32)

Islam does not only teach equality of the Muslims in the eyes of Allah (SWT), but it also promotes equality in economic sphere. However, "equality" in Islam does not mean "similarity". Islam aims to elevate all its followers to the level of ghina -- being free from want. It is this equality which Islam strives for in its economic system.

With ShiaFinance.com, we are striving to create a platform for learning the Economic System from divine sources, the Holy Quran and the teaching of the Holy Prophet (sawa) and his family, the Ahlul Bayt (as).

Read More

ECONOMICS IN

QUR'AN/HADITH